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Air taxi firm Lilium wins big order from Saudia, says source
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Air taxi firm Lilium wins big order from Saudia, says source
Jul 10, 2024 8:29 AM

MUNICH, July 10 (Reuters) - Germany-based air taxi

developer Lilium has won a major order from state-owned

Saudi Arabian airline Saudia, a source familiar with the deal

told Reuters on Wednesday.

The customer had signed a framework deal to buy 100 Lilium

jets some 18 months ago and has invited reporters to an event

which it said will give insight into Saudia's forthcoming deals

at Lilium headquarters near Munich on July 18.

The source said the aim was to convert the deal into a

concrete order for vertical take-off electric air taxis.

Lilium declined to comment specifically but sent an

invitation to the same event, saying reporters would witness an

important contract signing.

It would be one of the biggest orders for Lilium, which says

it has 780 firm orders and letters of intent to date, including

the plans with Saudia. The firm needs advance payments from

customers to finalise the development of its flying taxi.

The first manned flight is scheduled for the end of the

year.

(Reporting by Alexander Huebner, writing by Madeline Chambers,

editing by Thomas Seythal)

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